Lease Accounting Research

Major Research Studies on the New Lease Accounting Standards

Since the publication of the new lease accounting standards, a number of excellent lease accounting research studies and rankings have been published that attempt to quantify corporate readiness for the new standards as well as the composition and value of leasing portfolios.

What the Experts Think

Links to Additional Resources

LeaseAccelerator conducted a survey of over 300 accounting and finance leaders from private companies three years after the announcement of ASC 842. The survey questions assessed the progression of activities in areas such as data collection, process readiness, and system selection.

PwC interviewed over 450 executives for its Q4 2018 accounting change survey. The summary report details how companies are handling the implementation of the new lease accounting and revenue recognitions standards.

Conducted by EY, this study analyzes how prepared companies are to comply with the new lease accounting standards long term. While the study found many organizations are on track to meet the deadline, most are still using interim solutions.

This Deloitte survey asked 207 respondents from 21 countries in the Americas, Asia, and Europe about their progress and challenges with implementing the new IFRS 16 and ASC 842 lease accounting standards.

Calcbench performed a study in which they calculated the lease liabilities of over 1500 companies. In addition, they analyzed specific firms and determined which companies have likely underreported their lease liabilities up until now and by how much.

Conducted by KPMG, this research study analyzes the operational and financial challenges companies are encountering with the new lease accounting standards. The study assesses company’s progress towards implementing the new leasing standards.

Lease Obligations Rankings

For Major Companies Around the World

The study found that collectively, the top 1000 public companies in the US have almost $1 trillion in operating lease liabilities. Although companies in every industry lease, there is a particularly high concentration of leases in the retail, airlines, and telecommunications sectors.

In an effort to help the market prepare for the introduction of IFRS 16, LeaseAccelerator ranked the operating lease obligations of the FTSE 350 to determine which companies and industries will be most impacted by the change. For more details, download the full report.

To better understand the impact of IFRS 16 on German companies, LeaseAccelerator ranked the operating lease obligations of the DAX 30 to determine which companies and industries will be most impacted by the change. For more details, download the full report.

The ASX 100 Lease Accounting Impact Study identifies which companies will be most impacted by the new AASB 16 lease accounting standard that Australian companies will begin to adopt in 2019. Download the ASX 100 Lease Accounting Impact Study to learn which companies have the highest operating lease liabilities.